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The Regional Distribution of Foreign Direct Investment in China

Author

Listed:
  • Yingqi Wei
  • Xiaming Liu
  • David Parker
  • Kirit Vaidya

Abstract

WEI Y., LIU X., PARKER D. and VAIDYA K. (1999) The regional distribution of foreign direct investment in China, Reg. Studies 33 , 857-867. This paper analyses the determinants of the regional distribution of both pledged and realized foreign direct investment (FDI) within China. The econometric properties of the panel data set are examined using a standardized 't-bar' test for unit root. The empirical results indicate that there exists a long run relationship between the spatial distribution of FDI and a number of regional characteristics. Provinces with a higher level of international trade, lower wage rates, more R&D manpower, higher GDP growth rates, quicker improvement in infrastructure, more rapid advances in agglomeration, more preferential policies and closer ethnic links with overseas Chinese attract relatively more pledged FDI. WEI Y., LIU X., PARKER D. et VAIDYA K. (1999) La distribution regionale de l'investissement direct etranger en Chine, Reg. Studies 33 , 857-867. Cet article cherche a analyser les determinants de la distribution regionale de l'investissement direct etranger en Chine, soit engage soit realise. Les proprietes econometriques de l'ensemble des donnees etablies a partir d'une enquete se voient examiner en employant un test 't-bar' normalise de la racine unitaire. Les resultats empiriques laissent voir qu'il existe un rapport a long terme entre la distribution geographique de l'investissement direct etranger et un nombre de caracteristiques regionales. Les provinces qui attirent proportionnellement plus d'investissement direct etranger engage sont celles qui ont un niveau de commerce international plus eleve, des taux de salaire moins eleves, un taux d'emploi dans la R et D plus important, des taux de croissance du PIB plus importants, une amelioration plus rapide de l'infrastructure, des progres plus rapides en faveur de la notion d'agglomeration, plus de politiques de faveur et des liens ethniques plus etroits avec les Chinois a l'etranger. WEI Y., LIU X., PARKER D. und VAIDYA K. (1991) Die regionale Verteilung auslandischer Direktinvestierungen in China, Reg. Studies 33 , 857-867. Dieser Aufsatz analysiert die bestimmenden Faktoren der regionalen Verteilung zugesicherter und realisierter auslandischer Direktinvestierungen (Foreign Direct Investment= FDI) in China. Die okonometrischen Eigenschaften des kombinierten Informationstragers werden mit Hilfe eines standardisierten 't-bar Tests' fur Einheitenlosungen untersucht. Die empirischen Ergebnisse deuten darauf hin, dass es eine langjahrige Beziehung zwischen der raumlichen Verteilung der auslandischen Direktinvestierungen und einer Anzahl regionaler Eigenschaften gibt. Provinzen mit hoherem Volumen internationaler Handelsbeziehungen, niedrigeren Lohnraten, mehr Arbeitskraften in Forschung und Entwicklung, hoheren Wachstumsraten, Bruttoinlandsproduktion, schnellerbewerkstelligten Verbesserungen der Infrastruktur, beschleunigtem Vorschreiten von Agglomeration, mehr Vorzugsentscheidungen und engeren ethnischen Beziehungen zu Chinesen in Uberseeziehen verhaltnismassig mehr zugesicherteauslandische Direktinvestierungen an.

Suggested Citation

  • Yingqi Wei & Xiaming Liu & David Parker & Kirit Vaidya, 1999. "The Regional Distribution of Foreign Direct Investment in China," Regional Studies, Taylor & Francis Journals, vol. 33(9), pages 857-867.
    • Handle: RePEc:taf:regstd:v:33:y:1999:i:9:p:857-867
    DOI: 10.1080/00343409950075498
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